Retirement plan

TAMARIND REEF RESORT AND MARINA 401(K) PLAN

Name: TAMARIND REEF RESORT AND MARINA, INC. - TAMARIND REEF RESORT AND MARINA 401(K) PLAN (2022) Form 5500
Creator: TAMARIND REEF RESORT AND MARINA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAMARIND REEF RESORT AND MARINA 401(K) PLAN, TAMARIND REEF RESORT AND MARINA, INC.

TAMARIND REEF RESORT AND MARINA, INC.EIN 22-2673046Plan #001PY 2022

5000 SOUTHGATE - CHRISTIANSTED, VI 00820340-718-4455

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$575K

-10.1% from 2021

Total participants

+5.4% from 2021

Average account balance

$15,122

-12.5% from 2021

Annual return

-18.50%

-38.09 pp from 2021

Benchmarks

See 11,563 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort11,563 peers

Snapshot2022

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$585K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$19K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

272.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$24K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.15%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$397

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

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Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E3D2G2J2F2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$10K

$577 / participant

Other / not subdivided$10K100.0%

% of EOY assets

1.708%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,122

$84,402-82.1%

$61,373-75.4%

$134,475-88.8%

Participation rate

94.1%

62.2%+31.9pp

52.6%+41.5pp

81.2%+12.9pp

Annual return

-18.50%

584.55%-603.0pp

338.61%-357.1pp

417.96%-436.5pp

Employer contribution / active EE

$1,123

$1,544-27.3%

$1,159-3.2%

$4,740-76.3%

Participant deferral / active EE

$2,366

$2,819-16.1%

$2,125+11.4%

$6,400-63.0%

Admin fee / account holder

$258

$2,585-90.0%

$2,130-87.9%

$11,426-97.7%

TAMARIND REEF RESORT AND MARINA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAMARIND REEF RESORT AND MARINA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion